ACT 21 Software

Incentive Compensation Management Solution


5 / 5
2 reviews

Who Uses This Software?

NBFC and BFSI


Average Ratings

2 Reviews

  • 5 / 5
    Overall

  • 5 / 5
    Ease of Use

  • 5 / 5
    Customer Service

Product Details

  • Starting Price
    Not provided by vendor
  • Deployment
    Cloud, SaaS, Web
    Installed - Windows
  • Training
    Documentation
    Live Online
    In Person
  • Support
    Business Hours

Vendor Details

  • ACT 21 Software
  • act21softwares.com
  • India

About Incentive Compensation Management Solution

Solution for managing commission disbursement for employees and third party agencies, for BFSI.


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Incentive Compensation Management Solution Features

Vendor has not completed this information.

  • Bonus Management
  • Compensation Assessment
  • Compensation Calculation
  • Compensation Plan Modeling
  • Compensation Statements
  • Employee Reward Programs
  • Incentive Programs
  • Organizational Charting
  • Salary Planning

Incentive Compensation Management Solution Reviews Recently Reviewed!


Fantastic product for NBFC commission payout processes

Jul 25, 2018
5/5
Overall

5 / 5
Ease of Use

4 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
Likely
Extremely
Likely

Pros: Unstructured payouts to structured policies

No more using Excel sheets, it is the biggest relief

Every sales person knows how to use the product, no IT involvement

No custom codes everytime we release a new offer, seasonal discounts

Drag and drop, that's it!

Least amount of error in computation calculations, only issues with formulas

Cons: No mobile support yet, ACT21 is working on mobile support for the product but they will take some time.

Overall: Manual payout process eliminated

No more excel sheets

Support related problems are reduced

Product is cheaper than alternatives

ACT21 team is highly efficient, easy to access and excellent on domain knowledge

Product helps eliminating errors from manual payout process, which is the biggest problem solved

You get to see DSA performance, DSA can see the same too

Separate login portal possible for DSA

Product is customisable

The product can be made very specific to the actual processes

Vendor Response

by ACT 21 Software on July 26, 2018

Thanks Avinash!

Best and most economical tool for NBFCs for Agency Payout

Jul 27, 2018
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
Likely
Extremely
Likely

Pros: Pricing way below expectation for Banks and NBFCs, solution is capable of doing everything a payout process need, with best performance possible.

Cons: Nothing as such, the agency performance module can be made much more advanced, but ACT21 believe that such things are uncommon for every other bank and NBFC, hence this can be done upon requests, which is completely fair.

Overall: ROI measurement on agencies payouts and defined policies.

Drag n drop process for almost everything.

Create and simulate the policies and then roll them out, within seconds.

Testing and simulation module for policies.

Dashboard can be customised to any extent you need.

You can add or amend anything you want with help from ACT21 team, this product is amazing, all star rating boss!